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Analysts Offer Insights on Consumer Cyclical Companies: Williams-Sonoma (WSM) and Deckers Outdoor (DECK)

Tipranks - Sat May 30, 10:52AM CDT

There’s a lot to be optimistic about in the Consumer Cyclical sector as 2 analysts just weighed in on Williams-Sonoma (WSM) and Deckers Outdoor (DECK) with bullish sentiments.

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Williams-Sonoma (WSM)

Argus Research analyst Chris Graja reiterated a Buy rating on Williams-Sonoma yesterday and set a price target of $230.00. The company’s shares closed last Friday at $206.71, close to its 52-week high of $219.98.

According to TipRanks.com, Graja is a 5-star analyst with an average return of 12.9% and a 70.3% success rate. Graja covers the NA sector, focusing on stocks such as DR Horton, KB Home, and Tesla. ;'>

Currently, the analyst consensus on Williams-Sonoma is a Moderate Buy with an average price target of $210.13, implying a 2.1% upside from current levels. In a report issued on May 21, TipRanks – OpenAI also upgraded the stock to Buy with a $198.00 price target.

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Deckers Outdoor (DECK)

In a report released yesterday, Christine Dooley from Argus Research maintained a Buy rating on Deckers Outdoor, with a price target of $128.00. The company’s shares closed last Friday at $115.13, close to its 52-week low of $110.75.

According to TipRanks.com, Dooley is a 3-star analyst with an average return of 8.5% and a 68.8% success rate. Dooley covers the NA sector, focusing on stocks such as Brinker International, Cheesecake Factory, and CAVA Group, Inc. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Deckers Outdoor with a $128.21 average price target, implying an 11.7% upside from current levels. In a report issued on May 14, UBS also maintained a Buy rating on the stock with a $145.00 price target.

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